Bitget Launches USDT-Margined NIGHT and WET Perpetual Contracts with Up to 25x Leverage

According to Bitget’s official announcement, the exchange now offers USDT-based NIGHT and WET perpetual contracts with up to 25x leverage through its web and app platforms.

USDT

Summary

Bitget has officially announced the launch of USDT-margined NIGHT and WET perpetual contracts, providing between 1x and 25x leverage. The contracts are available for trading via Bitget’s website and mobile application, according to the company’s statement. These products expand Bitget’s range of leveraged trading tools and allow indefinite position holding in a stablecoin-settled framework.

Terms & Concepts
  • USDT-margined contracts: Futures contracts settled in USDT (Tether stablecoin), reducing exposure to cryptocurrency price volatility.
  • Perpetual contracts: A type of futures contract with no expiration date, allowing traders to hold positions indefinitely.
  • Leverage: Borrowed capital used to increase potential returns on investments; in this case ranging from 1x to 25x.